8-Bed Bungalow Near McMaster with Income Suite

Property details for 37 Radford Street, Hamilton

Type: Residential
Style: Raised bungalow
Bedrooms: 7
Bathrooms: 2
Lot Size: 42.4 x 104.3 FT
Stories: 1
Basement: Finished, Apartment in basement, Walk out, N/A, N/A
Parking: Detached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $5,622

This is a solid brick bungalow on a 42.4 by 104.3 foot lot that backs onto green space, so no one's peering in your backyard. The main floor has three beds, a full bath, and the usual living and dining spaces, but the real story is downstairs. Basement is a full separate apartment with its own side entrance, kitchen, dining room, laundry, and four more bedrooms. That's seven total, and with two kitchens you've got instant rental income potential. The whole place has laminate and ceramic floors, no carpet anywhere, which is a relief. It's been kept in decent shape, not fancy but plenty functional. Parking is a breeze with a detached garage and space for up to five cars. You're minutes from McMaster University, less than two kilometres to campus, and there are restaurants like Joya Sushi and Boston Pizza within a short walk. The hospital's also close if that matters. Property taxes run about $5,600 a year. Given the student rental demand in Ainslie Wood, this is a smart investment. Similar spots have sold recently for around $808,500, so this one's priced to move. If you want a house that pays for itself, this is it.

About 37 Radford Street, Hamilton — Property Score

Strong Investment Hot Market Feature Rich

Score: 72/100

Value

Priced 5.9% below area median of $849,888 based on 126 comparable properties nearby 79

Stable pricing - no price changes since original listing date 50

Size

7 bedrooms - 3 more than similarly priced 4-bedroom homes nearby 96

2 bathrooms - typical for similarly priced properties 60

4,422 sqft lot - a standard lot for the area 65

Location

$46K median household income - below the Canadian average of $70K 53

86% of residents hold postsecondary credentials - a highly educated neighbourhood 93

28% homeownership rate - a renter-majority neighbourhood 50

55% of residents commute under 30 minutes - good commuting convenience 74

3,308/km² population density - a well-balanced suburban area 97

Market

Just listed - area average is 63 days on market 100

+33.3% median price change over 1 month - rising prices in the area 100

38.2 months of housing supply - 1871 active listings with 49 sold last month (buyer's market) 40

Features

5-car garage - more than the area average of 4.8 spots 95

Finished, Apartment in basement, Walk out, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.7% effective tax rate ($5,622/yr) - below the Canadian average of ~1% 79

70% renter population - strong rental demand in this area 100

Quality

Condition

Listing

46 photos provided - 21% more than the area average of 38 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.